4. Do ask questions as we move through the process. We enjoy providing details and want you to feel informed and comfortable.

​

5. Don’t change jobs or employment status during the application process. Your new position may have a probationary period and many lenders will not use your new income in the income calculation until that period has ended.

​

6. Don’t make large transfers between accounts unless necessary and then only if you can thoroughly document the transaction.

​

7. Don’t consolidate debt without consulting your loan officer.

​

8. Don’t fail to disclose alimony and child support or other income sources.

​

9. Don’t purchase “big ticket” items such as cars, furniture or major appliances while the application is in progress.

​

10. Don’t apply for new credit during the application process. Additional credit applied for or added to your current debt could limit the programs you qualify for.